Seeking Alpha

HDGE
  AdvisorShares Ranger Equity Bear ETF - NYSEARCA

9/30/2014, 1:53 PM ET
  • Clayton Rulli | Send Message 23 Dec 2013

    i cant understand $HDGE. They constantly change their holdings, showing they have no conviction in their ideas?
    Reply (6)
  • View all 6 replies
    • oldorv | Send Message 8 Jan
      : THEY ARE BOUND TO GET LUCKY EVENTUALLY..
    • Clayton Rulli | Send Message 8 Jan
      : they only thing lucky is they charge nearly 2% fees and still have money left to invest !
      HDGE vs. ETF Alternatives
      HDGE Description
      The investment objective of the Ranger Equity Bear ETF (HDGE) is capital appreciation through short sales of domestically traded equity securities. The HDGE portfolio is sub-advised by Ranger Alternative Management, L.P. The portfolio management team implements a bottom-up, fundamental, research driven security selection process. In selecting short positions, the Fund seeks to identify securities with low earnings quality or aggressive accounting which may be intended on the part of company management to mask operational deterioration and bolster the reported earnings per share over a short time period. In addition, the portfolio management team seeks to identify earnings driven events that may act as a catalyst to the price decline of a security, such as downwards earnings revisions or reduced forward guidance.
      See more details on sponsor's website
      Country: United States
      Key Info
      Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub